Insight
Modern Slavery: proposed criminal offence for failure to prevent and civil penalties for non-compliant reporting
In a significant development for Australia’s modern slavery framework, the Australian Government announced plans on 16 July 2026 to introduce a new criminal offence for the failure to prevent modern slavery and reiterated its intention to introduce civil penalties and associated enforcement powers to address non-compliance with the Modern Slavery Act 2018 (Cth) (Act).
17 July 2026
Insight
Sustainability reporting update: ASIC’s early observations, reform consultation, and the TISFD draft framework
As deadlines for mandatory sustainability reporting approach for Group 1 entities with a 30 June financial year end, ASIC has published its early observations (based on its review of a subset of reports) on the first wave of sustainability reports lodged by Group 1 entities with a 31 December financial year end.
22 June 2026
Insight
Federal Budget 2026-27: Environment / ESG / Future Made in Australia
The Budget introduces a range of measures across the Climate Change, Energy, the Environment and Water portfolio, headlined by $2.2 billion in savings over 14 years through the redirection of uncommitted funding from renewable energy and water programs.
12 May 2026